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German Minister in Kyiv Unveils New Ukraine Funding and Pushes Private Investment

Berlin is linking new support to reforms to draw in private capital.

Overview

  • Development Minister Reem Alabali Radovan announced targeted measures including €30 million in subsidized home-loan financing for displaced Ukrainians, €72 million for IOM housing programs, €20 million with Switzerland for energy security, and €37 million for health and rehabilitation.
  • Two German companies signed investment agreements in Kyiv focused on the energy sector as the ministry promoted blended finance that aims to mobilize roughly €4–€8 of private money for every €1 of public funds.
  • Alabali Radovan met Vice Prime Minister Oleksii Kuleba and said greater transparency, anti-corruption steps, and governance reforms are essential to unlock larger private-sector participation.
  • Ukrainian officials reported one of the heaviest nights of strikes with more than 650 drones and missiles targeting civilian energy infrastructure, prompting emergency power shutdowns across several regions.
  • Germany highlighted ongoing civilian support by handing over a German-made firefighting robot to first responders and noted that German development aid for Ukraine has totaled about €2 billion since the full-scale invasion.